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  5. AVD: Are there any decent long-term growth small/micro-cap names in the phosphate/agricultural fertilizer business? [American Vanguard Corporation ($0.10 Par Value)]
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Q: Are there any decent long-term growth small/micro-cap names in the phosphate/agricultural fertilizer business?
Asked by David on December 08, 2023
5i Research Answer:

BIOX has a very strong earning outlook in the future and has a relatively expensive valuation at 20x forward earnings. SMG and AVD are two other options although valuations are also expensive.